Latest articles


Lightweights show strength at Manitoba auction sales

Quantities of cattle were up from previous frosty weeks

Lightweight cattle continue to do quite well at Manitoba cattle auctions, according to two people heavily involved with the cattle industry. “Lightweights were up quite a bit. Anything that’s under 600 lbs., going to the grass, certainly has a strong market,” said Harold Unrau of Grunthal Livestock Auction Market. At Grunthal’s Feb. 12 auction, feeder […] Read more



Canola weakens at midday Friday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – ICE Futures canola contracts were weaker at midday Friday, seeing a modest correction after Thursday’s late rally. Strength in the Canadian dollar and soft export demand contributed to the weakness in canola, according to a trader. “The whole board is just grinding […] Read more

ICE canola futures heading downward in morning trade

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 22 (CNS Canada) – ICE Futures canola contracts were weaker Friday morning, with the technical bias towards the downside. Canola futures for this morning lost about C$2 per tonne, with the May contract slipping to C$480.50 per tonne. Almost a month after the 35-day shutdown of […] Read more


North American Grain/Oilseed Review: Canola rises with soy complex

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 21 (CNS Canada) – ICE Futures canola contracts were stronger on Thursday, as speculative short-covering and spillover from the advances in the Chicago Board of Trade soy complex provided support. Improving trade sentiment between the United States and China, underpinned the soy market and that buying […] Read more

Canola correcting higher at midday

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 20 (CNS Canada) – ICE Futures canola contracts were stronger at midday Thursday, as gains in the Chicago Board of Trade helped trigger a corrective bounce in the Canadian oilseed. Improving trade sentiment between the United States and China, as the two countries were reportedly moving […] Read more


Ungainly supplies, lack of demand dragging on canola

Assorted drama in the U.S. added a cautious tone to trade

ICE Futures canola contracts trended lower in the front months during the week ended Feb. 15, moving below chart support in the process as a number of factors conspired to weigh on values. The nearby March contract fell below the psychological $480-per-tonne level on Feb. 14, setting the stage for a test of the nearby […] Read more


Wheat bids mixed in Western Canada

Minneapolis wheat and Chicago and K.C. wheat futures go separate ways, for now

Western Canadian wheat bids were mixed during the week ended Feb. 14, with a steady tone in Canada Western Red Spring (CWRS) bids and losses in Canada Prairie Spring Red (CPSR) as U.S. futures moved in opposite directions and the Canadian dollar weakened slightly. Average CWRS (13.5 per cent protein) wheat prices were steady to […] Read more



ICE canola futures up as traders covering short positions

By Glen Hallick, Commodity News Service Canada WINNIPEG, Feb. 21 (CNS Canada) – ICE Futures canola contracts were up Thursday morning as traders were looking to cover their short positions. This comes the day before the United States Department of Agriculture (USDA) releases its export report. Canola futures Thursday morning gained about C$3 to C$4 […] Read more

North American Grain/Oilseed Review: Canola continues lower, soybeans higher

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Feb. 20 (CNS Canada) – ICE Futures canola contracts continued their downward slide on Wednesday, hitting fresh contract lows for the second-straight session. Speculators were noted sellers as bearish technical signals kept the bias pointed lower. Strength in the Canadian dollar, a lack of significant end user […] Read more